Property investors have seen a -0.64% drop in GRIFFITH based on a decrease in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains GRIFFITH, 2680 saw average growth in the long term.
the NSW suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $310,000
Profits averaged 4.38% per annum over a 3-year period, due to an upward trend in home prices in GRIFFITH, 2680.
This means, real estate investors could earn a rental income of $335 based on current median home prices for the suburb.
The gross rental yield in GRIFFITH, 2680 is 5.62%.
An average of 26.58 real estate transactions take place per month in GRIFFITH which translates to 319 per annum.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||1.14%||18.5%|
|Median 3 years||13.14%||23.44%|
|Median 5 years||16.98%||14.77%|
|10 years average annual||1.59%||0.88%|
|Weekly media advert. rent||$335||$290|
|Time on Market||71.4 days||103.1 days|
|Gross Rental Yield Percent||5.62%||6.36%|